iShares MSCI Canada ETF (NYSEARCA:EWC) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares MSCI Canada ETF (NYSEARCA:EWC) saw strong trading volume on Thursday . 1,975,721 shares were traded during trading, a decline of 10% from the previous session’s volume of 2,194,826 shares.The stock last traded at $41.27 and had previously closed at $41.59.

iShares MSCI Canada ETF Stock Down 1.1 %

The business’s 50 day moving average is $41.18 and its 200 day moving average is $41.34. The company has a market cap of $2.63 billion, a P/E ratio of 19.10 and a beta of 1.05.

Institutional Investors Weigh In On iShares MSCI Canada ETF

A number of hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP lifted its holdings in shares of iShares MSCI Canada ETF by 30.2% during the 4th quarter. Wellington Management Group LLP now owns 13,640 shares of the exchange traded fund’s stock valued at $550,000 after purchasing an additional 3,163 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MSCI Canada ETF by 8.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,489 shares of the exchange traded fund’s stock worth $423,000 after acquiring an additional 830 shares in the last quarter. Bernard Wealth Management Corp. purchased a new stake in shares of iShares MSCI Canada ETF during the fourth quarter worth about $26,000. Yoffe Investment Management LLC acquired a new position in shares of iShares MSCI Canada ETF during the fourth quarter valued at about $597,000. Finally, Toronto Dominion Bank raised its position in shares of iShares MSCI Canada ETF by 1,837.5% in the 4th quarter. Toronto Dominion Bank now owns 27,125 shares of the exchange traded fund’s stock valued at $1,092,000 after purchasing an additional 25,725 shares during the last quarter.

About iShares MSCI Canada ETF

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Canadian market, as measured by the MSCI Canada Index (the Index).